HousingHandbookReference data

U.S. ZIP Code · IL60429

Cook County · Chicago-Naperville-Elgin, IL-IN

Typical home value

$177,874[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
-0.5%
5-year / yr
+4.0%
10-year / yr
+8.7%

Relative price

vs U.S.
-37.4%
vs metro
-47.2%
vs state
-7.0%
ZIP 60429 location in IL
Location of ZIP 60429 in IL

Price history

Zillow Home Value Index — monthly, smoothed and seasonally adjusted.

The typical home in 60429 is worth $177,874 — 47.2% below the Chicago-Naperville-Elgin, IL-IN median. Over the past year, values have fallen 0.5%. Homes here rent for a typical $2,355 a month — a 15.9% gross rental yield. The effective property tax rate is 2.6%.

#Rent & investment

Typical asking rent, and the returns it implies at the current home value.

Monthly rent
$2,355[2]
Gross yield
15.9%[2]
Cap rate
9.5%[2]

#Property tax

Effective rate — total real estate taxes paid relative to total home value.

Effective tax rate
2.6%[3]
Typical annual tax
$4,692[3]

#Climate risk

FEMA National Risk Index ratings for Cook County. "Not Applicable" means the hazard does not threaten the county.

Overall risk
Very High[4]
Riverine flood
Very High
Coastal flood
Relatively Low
Wildfire
Very Low
Drought
Very Low
Heat wave
Very High
Hurricane
Very Low
Tornado
Very High
Earthquake
Relatively High
Winter weather
Very High

#Who lives here

Population
14,864[3]
Median household income
$66,988[3]

#Migration

Household moves in and out of Cook County over a year, from IRS tax-return data.

Net migration
-14,346[5]
Moved in
86,012
Moved out
100,358

Schools

Open public schools in this ZIP, from the NCES Common Core of Data.

Public schools
4
Elementary
4
Middle
0
High
0
  • Jesse C White Learning Academy

    Elementary · Grades PK–8 · Hazel Crest SD 152-5

    432 students

  • Mae Jemison School

    Elementary · Grades PK–5 · Prairie-Hills ESD 144

    359 students

  • Highlands Elem School

    Elementary · Grades PK–5 · Prairie-Hills ESD 144

    290 students

  • Chateaux School

    Elementary · Grades PK–5 · Prairie-Hills ESD 144

    271 students

Run the numbers

Interactive calculators pre-filled with this ZIP's typical home value, rent, and property-tax rate. Edit any field to recompute.

Gross yield15.9%
Net yield (after ~40% expenses)9.5%
Annual rent$28,260

Gross and net yield are estimates based on the inputs and the selected expense ratio. Actual income and expenses will vary by property and market. Not investment advice.

Monthly payment$899
Loan principal$142,299
Down payment$35,575
Total interest paid$181,495

Estimated monthly payments include principal and interest only. Actual costs will include property tax, insurance, possibly PMI, and HOA fees not modeled here. Loan terms shown are estimates; consult a licensed lender for current rates and qualification.

Own : rent ratio0.61
Monthly cost to own$1,439
Monthly rent$2,355

Owning is meaningfully cheaper month-to-month.

This calculator projects multi-year scenarios based on assumptions about appreciation, rent growth, and investment returns — none of which are guaranteed. Actual outcomes depend on variables this tool cannot know. Not financial or real estate advice.

#Metro ranking

Where this ZIP sits among others in its metro area.

Appreciation
15th percentile[1]
Rental yield
99th percentile[2]
Property tax
96th percentile[3]

Rankings

Top-10 lists this ZIP code appears on.

Frequently asked

How much is a home worth in ZIP code 60429?
The typical home in 60429 is worth $177,874, based on the Zillow Home Value Index.
Are home values rising in 60429?
Home values in 60429 are down 0.5% over the past year, and up 4.0% a year over five years.
What is the typical rent in 60429?
A typical home in 60429 rents for about $2,355 a month, a gross rental yield of 15.9%.
What is the property tax rate in 60429?
The effective property tax rate in 60429 is 2.6% — roughly $4,692 a year on a typical home.
Who lives in 60429?
ZIP code 60429 has a population of 14,864 and a median household income of $66,988.

#Comparable ZIPs

Same metro, nearest typical home value. Each card shows the comparable ZIP's headline numbers so you can scan at a glance.

  • Chicago, IL

    Typical home
    $178,851
    Gross yield
    9.8%
  • Schneider, IN

    Typical home
    $178,956
    Gross yield
  • Thornton, IL

    Typical home
    $180,489
    Gross yield
  • Hammond, IN

    Typical home
    $180,699
    Gross yield
    9.5%
  • Chicago Heights, IL

    Typical home
    $173,665
    Gross yield
    10.6%
  • Kentland, IN

    Typical home
    $173,550
    Gross yield

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